Clear Secure (NYSE: YOU) CEO donates 200K shares after equity restructuring
Rhea-AI Filing Summary
Clear Secure, Inc.’s CEO Caryn Seidman Becker reported several non-market equity moves involving Class A and Class B common stock. On Class B shares, 200,000 were disposed of, leaving 151,787 Class B shares held indirectly, which carry 20 votes per share and associated economic rights.
Per the company’s charter, each share of Class B common stock was converted into one share of Class A common stock. Around the same time, 200,000 Class A shares were acquired indirectly and then transferred for no value from Alclear Investments, LLC, which Ms. Seidman Becker controls, into her direct ownership as a change in the form of beneficial ownership.
She then made a bona fide gift of 200,000 Class A shares to a 501(c)(3) charitable foundation, receiving no value in return. These events reflect entity restructuring and charitable giving rather than open-market buying or selling.
Positive
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Negative
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FAQ
What insider stock transactions did Clear Secure (YOU) report for Caryn Seidman Becker?
How many Clear Secure (YOU) Class B shares does the CEO hold after these transactions?
Were the Clear Secure (YOU) insider transactions open-market buys or sells?
What role did Alclear Investments, LLC play in the Clear Secure (YOU) insider filing?
How were Clear Secure (YOU) Class B shares converted into Class A shares?
What charitable activity involving Clear Secure (YOU) stock did the CEO report?